Friday 18 August 2017

Test of the Day


Q1. ________ is a cheque rather an amount of cheque, which is above the balance available in the account of the payer.
 Travellers cheque
 Multicity Cheque
 Mutilated Cheque
 Over Draft
 Bad Debts
Solution:
An overdraft is an extension of credit from a lending institution when an account reaches zero. An overdraft allows the individual to continue withdrawing money even if the account has no funds in it.


Q2. A cheque for a fixed amount that may be cashed or used in payment abroad after endorsement by the holder’s signature is known as ___________
 Travellers cheque
 Multicity Cheque
 Mutilated Cheque
 Crossed Cheque
 None of the given options is true
Solution:
Traveller’s cheque is a medium of exchange that can be used in place of hard currency. Traveller’s cheques are often used by individuals travelling on vacation to foreign countries.

Q3. India and Prime Minister of which country have started a partnership aimed at increasing cooperation in sports, in the presence of batting legend Sachin Tendulkar?
 Bangladesh
 Myanmar
 Germany
 Australia
 Malaysia
Solution:
India and Australia have recently started a partnership aimed at increasing cooperation in sports, in the presence of visiting Prime Minister Malcolm Turnbull and batting legend Sachin Tendulkar.

Q4. What was the name of India's first ever micro-drama festival that was held recently in New Delhi.
 Thespis
 Taapsi
 Ankulrama
 Thanes Hare
 Mospesis
Solution:
India's first ever micro-drama festival, named Thespis, was held recently in New Delhi.

Q5. Name the person who has been recently appointed as the new MD and CEO of Karnataka Bank Ltd.
 Kailash Krishnamurthy
 M Venkataraman
 R Vimal Shankar
 B P Malhotra
 M M Subrahmanya
Solution:
Mahabaleshwara Mavinakudige Subrahmanya has been appointed as the new MD and CEO of Karnataka Bank Ltd. He has assumed the Charge from 15th April 2017.

Directions (6-10): Study the given information and answer the questions: 
 When a word and number arrangement machine is given an input line of words and numbers, it arranges them following a particular rule. The following is an illustration of input and its rearrangement.
 Input: polar 21 sun 55 orbit 43 before 28 launch 37 of 62 
Step I: orbit 62 polar 21 sun 55 43 before 28 launch 37 of
Step II: polar 55 orbit 62 21 sun 43before 28 launch 37 of
 Step III: sun 43 polar 55 orbit 62 21before 28 launch 37 of
Step IV: launch 37 sun 43 polar 55 orbit 62 21 before 28 of
Step V: of 28 launch 37 sun 43 polar 55 orbit 62 21 before
Step VI: before 21of 28 launch 37 sun 43 polar 55 orbit 62

Step V is the last step of the above arrangement as the intended arrangement is obtained. As per the rule followed in the given steps find out the appropriate steps for the given input.
 Input: final 26 after 18 the 46 launch 91 and 41 minutes 53 

 Q6.In which step the elements ’18 the launch’ found in the same order?
 Step I
 Step IV
 Step V
 Step III
 Step VI
Solution:
Students let us understand the Logic behind this Question and let’s understand how to solve it. When we see the each step, then we can find that there is both number and words are arranged in each step.
a) For words arrangement- Words are arranged according to last letter of each word in descending order from left to right.
b) For numbers arrangement- Numbers are arranged in descending order from left to right.
Input: final 26 after 18 the 46 launch 91 and 41minutes 53 
Step I: minutes 91 final 26 after 18 the 46 launch and 41 53
Step II: after 53 minutes 91 final 26 18 the 46 launch and 41
Step III: final 46 after 53 minutes 91 26 18 the launch and 41
Step IV: launch 41 final 46 after 53 minutes 91 26 18 the and
Step V: the 26 launch 41 final 46 after 53 minutes 91 18 and
Step VI: and 18the 26 launch 41 final 46 after 53 minutes 91

Q7. Which of the following number is fourth from left end in Step V?
 26
 41
 46
 91
 None of these

Q8.In stepIV, ‘launch’ is related to ‘final’ and ‘41’ is related to ‘46’. In the same way ‘final’ is related to?
 after
 53
 91
 18
 None of these

Q9. Which element is exactly between ‘26’ and ‘41’ in Step VI?
 minutes
 the
 18
 and
 None of these

Q10.Which of the following is the second step of the arrangement based on the given input?
 after 91 minutes 53 final 26 18 the 46 launch and 41
 after 53 minutes 91 final 26 18 the 46 launch and 41
 after 53 minutes 91 final 18 26 the 46 launch and 41
 after 53 minutes 91 final 41 18 the 46 launch and 26
 None of these

Directions (11-15): Study the following line graph carefully and answer the questions given below. 
 

Q11. What is the approx difference between the percentage literacy rate increased in male from 1951 to 1991 and percentage literacy rate increased in female from 1971 to 2001.
 15 %
 10 %
 5%
 20%
 2%
Solution:

Q12. In which of the census years percentage increase given in male literacy rate was the highest with respect to previous census year?
 1981
 1991
 2001
 1961
 None of these
Solution:

Q13. In which of the given census years was the percentage increase in the literacy rate of females the lowest with respect to that of previous census year? 
 1981
 1991
 2001
 Data inadequate
 None of these
Solution:

Q14. In which of the given census years were the percentage increase in the number of males the highest with respect to the previous census year? 
 1981
 1991
 2001
 Data inadequate
 None of these
Solution:
Since, the number of males is not specified; we cannot get the required value.

Q15. What is the ratio of percentage literacy rate increased of male from (1961-1981) to literacy rate increased of person in 1971? 
 1 : 1
 1 : 2
 2 : 1
 1 : 3
 3 : 1
Solution:

Directions (16-20) Please select the most appropriate option, out of the five options given for each of the following sentences, which, in your view, should be grammatically and structurally correct. Please note that the meaning & context of the sentence must not change.

Q16. 
 A few mens are true from fault
 A few men are true from fault.
 Few men are true from fault.
 Few men is true of fault
 None is true.
Solution:
Few has negative meaning
 A few means ‘SOME AT LEAST’
 The few means ‘WHATEVER THERE IS’.

Q17. 
 He had long been associated to the organization before he retired.
 He had long been associated for the organization before he retired.
 He has long being associated with the organization before he retire.
 He had long been associated with the organization before he retired.
 None is true.
Solution:
(worked with)

Q18.
 He came to saw us Each day.
 He came to see us Each and every days.
 He came to see us Each day.
 He came to see us Every day.
 None is true.
Solution:
‘Each’ is used to indicate a limited number and ‘EVERY’ to denote an unlimited number in selection or choice.

Q19.
 There is few sugar in your tea than in mine.
 There is less sugar in your tea than in mine.
 There is fewer sugar in your tea than in mine.
 There is fewer sugar at your tea than in mine.
 None is true.
Solution:
fewer is for things you count, and less is for things you don’t count.

Q20. 
 If you agree with me please support me.
 If you were agree at me please support me.
 If you agree with me please supported me.
 If you agree to me please support me.
 None is true.
Solution:
Agree with (person)
Agree to (idea)

Daily GK Update 18th August 2017


1. Cabinet Approves Completion of North Koel Reservoir Project

i. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the proposal to complete the balance works of the North Koel Reservoir Project in Jharkhand and Bihar at an estimated expenditure of Rs.1622.27 crore to be incurred during three financial years from the start of the project.
ii. The Cabinet also approved storage of water in dam restricted at lower level than envisaged earlier to reduce the submergence and to protect Betla National Park and Palamau Tiger Reserve.

Important Takeaways from Above News-
  • The project is situated on North Koel river which is a tributary of Sone river finally joining the river Ganga.

2. Government to Conduct ‘World’s Largest Sample Survey’ for Students

i. The Human Resource Development (HRD) Ministry has announced November 13 as the date for conducting its National Assessment Survey (NAS) for the students of class 3, 5, and 8.
ii. So far, during several rounds of the survey, a total of 4.45 lakh students have been tested for various learning outcomes. This time, approximately 30 lakh students will be assessed in the year 2017-18 making it the world’s largest sample survey of student learning achievement. 

Important Takeaways from Above News-
  • Prakash Javadekar is the HRD Minister.

3. Government Bans Export of Gold Items Above 22-Carat Purity

i. The government has banned exports of gold jewellery, medallions and other articles above 22- carat purity in a bid to check round tripping of the precious metal.
ii. According to the Directorate-General of Foreign Trade (DGFT), certain provisions of the foreign trade policy (2015-20) are amended to allow export of gold jewellery and articles containing gold of 8 carats and above up to a maximum limit of 22 carats only from domestic tariff area and export-oriented units, electronics hardware technology parks, software technology parks and bio technology parks.

Important Takeaways from Above News-
  • India is the world's second-biggest gold consumer after China.

4. Environment Minister Launches “Harit Diwali, Swasth Diwali” Campaign

i. Union Minister for Environment, Forest and Climate Change, Dr.  Harsh Vardhan, launched the “Harit Diwali, Swasth Diwali” campaign.
ii. Addressing a gathering of about 800 children from schools of Delhi and NCR, the Minister impressed upon the children the importance of their contribution towards reducing pollution by not bursting harmful fire crackers during Diwali.

5. NHAI Launches Mobile App MyFASTag and FASTag Partner

i. National Highways Authority of India launched two mobile Apps – MyFASTag and FASTag Partner in New Delhi, to facilitate the availability of FASTags for Electronic Toll Collection. 
ii. MyFASTag is a consumer App that can be downloaded from the App Store for both Android and iOS systems. FASTag Partner is a merchant App. Agencies like Common Services Centre, banking partners, and vehicle dealers can sell and enroll  FASTag through this App.

Important Takeaways from Above News-
  • Shri Deepak Kumar is the Chairman of National Highway Authority of India (NHAI).

6. HDFC Bank Revises Interest Rates On Saving Accounts

i. HDFC Bank Ltd has announced a revision in its savings bank interest rate effective August 19, 2017. Post revision, customers maintaining savings bank account balance of Rs 50 lakh and above will continue to earn interest at 4 per cent per annum.
ii. Customers maintaining account balance of below Rs 50 lakh will earn interest at 3.5 per cent per annum from earlier 4 per cent. The revised rates will be applicable to both resident and Non-resident customers.

Important Takeaways from Above News-
  • CEO of HDFC Bank is Aditya Puri.
  • It Headquarters in Mumbai.

7. BSNL Launches Digital Wallet Powered by MobiKwik

i. Bharat Sanchar Nigam Ltd (BSNL) went digital by launching a bespoke mobile wallet (mobile payment App) that would enable its existing 100 million customers to make Bill payments. This digital wallet was launched at an event by Manoj Sinha, Minister for Telecommunications in the capital.
ii. The wallet has been developed and issued by MobiKwik on behalf of BSNL.

Important Takeaways from Above News-
  • Chairman & Managing Director of BSNL is Shri Anupam Shrivastava.
  • Bipin Preet Singh is the Founder CEO & Director of Mobikwik.

8. World Bank Pledges $24 Million to Enhance India's Forest Ecosystem Services

i. The Finance Ministry and the World Bank signed a grant agreement of $24.64 million from the Global Environment Facility (GEF) of the World Bank for ecosystem service improvement project.
ii. The project would be financed entirely by the World Bank out of its GEF Trust Fund. The project's duration is five years. The objective of the Project is to strengthen the institutional capacity of the departments of forestry and community organizations to enhance forest ecosystem services and improve the livelihoods of forest dependent communities in central Indian highlands. 

Important Takeaways from Above News-
  • World Bank's Acting Country Director for India is Hisham Abdo Kahin.
  • The President of the World Bank is Mr. Jim Yong Kim.
  • It was founded in 1944.
  • It Headquarters in Washington DC, USA.

    9. Tata Power, First Power Utility to Use QR Code

    i. Tata Power has become the first power utility to introduce a QR code based bill payments system in India. The QR code linked to Unified Payments Interface (UPI) will be printed on the electricity bills.
    ii. The customers can scan the QR code with BHIM app or any other UPI linked bank app and pay their bills without any hassle.

    Important Takeaways from Above News-
    • Mr. Anil Sardana is the MD and CEO of TATA Power.
    • Tata Power established India's first large hydro-electric project in Khopoli, Maharashtra in 1915.

      10. 5 Indian-Origin Persons in Fortune’s Annual ‘40 Under 40’ List]

      i. Five Indian-origin persons, including Irish Prime Minister Leo Varadkar, have featured in Fortune’s annual list of 40 young and influential people in the field of business. Fortune’s 2017 ‘40 Under 40’ list is an annual ranking of the most influential young people who are under 40 in business.
      ii. The list has been topped by 39-year-old French President Emmanuel Macron “France’s youngest leader since Napoleon”. The Indian-origin persons on the list are 26-year-old Divya Nag, who oversees Apple’s ambitious ResearchKit and CareKit programmes, Rishi Shah, 31, and Shradha Agarwal, 32, 31-year-old Leila Janah. The list also includes Facebook founder Mark Zuckerberg on the second spot.
      11. Emma Stone Named as 2017’s Highest-Paid Female Actor

      i. Emma Stone has been named Hollywood’s best-paid female actor in Forbes annual list of top earners.
      ii. The 28-year-old made $26m in the last 12 months, the majority of which was earned from her Oscar-winning performance in the musical romance La La Land. The film made over $445m worldwide.

      Important Takeaways from Above News-
      • Stone won an Academy Award, a BAFTA Award, and a Golden Globe Award for Best Actress.

      12. Sohail Mahmood- Pakistan’s High Commissioner to India

      i. Sohail Mahmood has assumed the charge of Pakistan’s High Commissioner to India in New Delhi.
      ii. Mahmood, who joined foreign service in 1985, was earlier deputed in Turkey as Ambassador of Pakistan. He replaced Abdul Basit after his premature retirement.

      Important Takeaways from Above News-
      • Shahid Khaqan Abbasi has been recently elected as Pakistan Prime Minister.

      13. Infosys CEO and MD Vishal Sikka Resigns

      i. Vishal Sikka of Infosys Ltd has resigned as Managing Director and Chief Executive of the company with immediate effect.
      ii. U.B. Pravin Rao has been appointed as interim-managing director and chief executive. Mr. Sikka has now been appointed as executive vice-chairman of the company.

      Important Takeaways from Above News-
      • Infosys is country's no. 2 software services exporter.

      14. US Declares Hizbul Mujahideen as Global Terrorist Group

      i. The United States named Pakistan-based Hizbul Mujahideen (HM) as a Foreign Terrorist Organisation and a Specially Designated Global Terrorist group.
      ii. The Hizb is one of the two most active Pakistan-based terrorist groups operating in Jammu and Kashmir, and claimed responsibility for several attacks, including the April 2014 explosives attack in Kashmir.

      15. Lakshya Sen Wins Bulgaria Open International Series

      i. Young Indian shuttler Lakshya Sen clinched the Bulgaria Open International Series title after notching up a hard-fought win over Croatia’s Zvonimir Durkinjak in the men’s singles final in Sofia, Bulgaria.
      ii. The 16-year-old shuttler defeated second seed Zvonimir in a 57-minute match.

      Important Takeaways from Above News-
      • The Capital of Bulgaria is Sofia.
      • Rumen Radev is the President of Bulgaria.

      16. Malala Yousafzai Gets a Place at Oxford

      i. Pakistani rights activist Malala Yousafzai secured a place at Oxford University after getting her A-level results.
      ii. She will philosophy, politics, and economics at the prestigious varsity.

      Important Takeaways from Above News-
      • Malala was made the youngest ever UN Messenger of Peace.
      • She was also the youngest person to win the Nobel Peace Prize aged 17 in 2014.

      Quantitative Aptitude


      1. What is the place value of 7 in the numeral 2734? 
      A.70B.7
      C.700D.7.00
      Answer: Option C
      Explanation: 
      7 × 100 = 700

      2. Find the product of the local value and absolute value of 4 in 564823
      A.1600B.8000
      C.16000D.12000
      Answer: Option C
      Explanation: 
      Place value = Local value
      Face value = Absolute value
      The place value of 4 in 564823 is 4 x 1000 = 4000
      The face value of 4 in 564823 is nothing but 4.
      => 4000 x 4 = 16000

      3. Find the product of the place value and face value of 3 in 5769354
      A.900B.9000
      C.90D.9
      Answer: Option A
      Explanation: 
      Place value = Local value
      Face value = Absolute value
      The place value of 3 in 5769354 is 3 x 100 = 300
      The face value of 3 in 5769354 is nothing but 3.
      => 300 x 3 = 900

      4. What is the least value of x, so that 23x57 is divisible by 3.
      A.2B.0
      C.1D.3
      Answer: Option C
      Explanation: 
      23257 is not divisible by 3
      23057 is not divisible by 3
      23157 is divisible by 3
      23357 is not divisible by 3
      2+3+1+5+7 = 18
      18/3 = 6.
      x = 1

      5. What is the least value of p, so that 123p578 is divisible by 11
      A.7B.8
      C.6D.5
      Answer: Option B
      Explanation: 
      123p578
      1 + 3 + 5 + 8 = 17
      2 + p + 7 = 17
      => 9 + p = 17
      => p = 17 - 9 
      => p = 8

      6. Find the prodect of the local value and absolute value of 4 in 23468
      A.400B.1600
      C.1200D.80
      Answer: Option B
      Explanation: 
      Local value of 4 = 4 x 100 = 400
      Place value of 4 = 4
      There fore = 4 x 400 = 1600

      7. What is the least value of x. So that 23x57 is divisible by 3.
      A.2B.0
      C.1D.3
      Answer: Option C
      Explanation: 
      The sum of the digits of the number is divisible by 3, then the number is divisible by3.
      2 + 3 + x + 5 + 7 = 17 + x
      Least value of x may be 1
      Therefore 17 + 1 = 18 is divisible by 3.

      8. What is the least value of x, So that 2x5472 is divisible by 9
      A.7B.8
      C.9D.3
      Answer: Option A
      Explanation: 
      The sum of the digits of the number is divisible by 9.
      Then the number is divisible by 9.
      2 + x + 5 + 4 + 7 + 2 = 20 + x
      Least value of x may be '7',
      So that the total 20 + 7 = 27
      is divisible by 9.

       

      9. What is the least value of k. So that 123k578 is divisible by 11.
      A.8B.7
      C.5D.6
      Answer: Option A
      Explanation: 
      The Difference of the sum of the digits at odd place and the sum of the digits at even place of the number, is either 0 or a number divisible by 11.
      (1 + 3 + 5 + 8) - (2 + k + 7) = 17 - 9 - k = 8 - k 
      Therefore if k = 8, then the value become zero.
      k = 8 is the least value 
      so that 123k578 is divisible by 11.

      10. Which is the following is divisible by 11.
      A.4305B.4825
      C.4805D.4905
      Answer: Option D
      Explanation: 
      Sum of first 'n' natural numbers = n(n + 1)/2
      Sum of first 9 natural numbers = 9(9 + 1)//2 = 9 x 5 = 45
      Sum of first 99 natural numbers = 99(99 + 1)//2 = 99 x 50 = 4950
      4950 - 45 = 4905